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China Display Optoelectronics Technology Holdings (FRA:PJJ1) Days Sales Outstanding : 96.20 (As of Dec. 2023)


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What is China Display Optoelectronics Technology Holdings Days Sales Outstanding?

China Display Optoelectronics Technology Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was €91.4 Mil. China Display Optoelectronics Technology Holdings's Revenue for the six months ended in Dec. 2023 was €173.4 Mil. Hence, China Display Optoelectronics Technology Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 96.20.

The historical rank and industry rank for China Display Optoelectronics Technology Holdings's Days Sales Outstanding or its related term are showing as below:

FRA:PJJ1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.91   Med: 74.3   Max: 102.19
Current: 102.19

During the past 13 years, China Display Optoelectronics Technology Holdings's highest Days Sales Outstanding was 102.19. The lowest was 44.91. And the median was 74.30.

FRA:PJJ1's Days Sales Outstanding is ranked worse than
71.99% of 2456 companies
in the Hardware industry
Industry Median: 75.03 vs FRA:PJJ1: 102.19

China Display Optoelectronics Technology Holdings's Days Sales Outstanding declined from Dec. 2022 (101.69) to Dec. 2023 (96.20).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


China Display Optoelectronics Technology Holdings Days Sales Outstanding Historical Data

The historical data trend for China Display Optoelectronics Technology Holdings's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Display Optoelectronics Technology Holdings Days Sales Outstanding Chart

China Display Optoelectronics Technology Holdings Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.82 84.06 47.98 67.21 92.16

China Display Optoelectronics Technology Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.39 55.41 101.69 122.98 96.20

Competitive Comparison of China Display Optoelectronics Technology Holdings's Days Sales Outstanding

For the Electronic Components subindustry, China Display Optoelectronics Technology Holdings's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Display Optoelectronics Technology Holdings's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China Display Optoelectronics Technology Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Display Optoelectronics Technology Holdings's Days Sales Outstanding falls into.



China Display Optoelectronics Technology Holdings Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

China Display Optoelectronics Technology Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (98.721 + 68.389) / 2 ) / 330.933*365
=83.555 / 330.933*365
=92.16

China Display Optoelectronics Technology Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (114.388 + 68.389) / 2 ) / 173.371*365 / 2
=91.3885 / 173.371*365 / 2
=96.20

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


China Display Optoelectronics Technology Holdings  (FRA:PJJ1) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


China Display Optoelectronics Technology Holdings Days Sales Outstanding Related Terms

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China Display Optoelectronics Technology Holdings (FRA:PJJ1) Business Description

Traded in Other Exchanges
Address
No.23, ZhongKai High-Tech District, Guangdong Province, HuiZhou, CHN, 516006
China Display Optoelectronics Technology Holdings Ltd is an investment holding company. It operates in a single segment, display product, which manufactures and sells LCD module products. It focuses on thin-film transistor-liquid crystal display (TFT-LCD), the capacitive touch panel (CTP) display development, production, and sales of modules, and provides a range of products LCD module technology, and manufacturing support services. The company's geographical segments are Mainland China, Hong Kong, and Thailand, of which the majority of its revenues come from Hong Kong.

China Display Optoelectronics Technology Holdings (FRA:PJJ1) Headlines

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